Category Archives: Bookkeeping
What are Accounts Payable?
Most entrepreneurs create accounts payable (AP) in the normal course of operating their business. Working with vendors that offer you credit in the form of accounts payable, can be a great way to manage the cash flow of your business. read full post
How to Account for Store Refunds in Outright
Today’s Outright Guest Post is brought to you by friend of Outright George Sleeman, known in the Outright Community as Tax Man to You. Lately on the Outright Community we’ve been seeing an increase in questions about how to deal … read full post
Why Is it Important to Categorize Expenses Properly for the IRS?
You might could save some valuable time if all your expenses could just be lumped into the “other” category. The IRS really does care about your expense categories. read full post
What are Accounts Receivable?
Accounts receivable may be the second most important asset your business owns. Managing accounts receivable can often mean the difference in success or failure in a small business. read full post
Mileage calculation, eBay listing fee roll up, and CSV importing
As many of you know, each Monday night we release the code from the previous week’s development effort. The Outright product team is going to start adding posts to keep you up to date on what we’re releasing and we … read full post
Simple, Non-cluttered, Accessible Bookkeeping
I’m two and a half years out of college with a degree in Political Science and dashed dreams of teaching college thanks to the GRE . In that time I chased down four different jobs and honestly got tired of … read full post
Mobile Bookkeeping – Automatically Record Expenses via Phone
Released to Outright last night is a unique bookkeeping feature that automatically imports expenses recorded by phone. Upon adding “Mobile Expenses” from your home tab on Outright.com, we’ll connect with Xpenser, the masters of mobile expense input, to import any … read full post
Track Business Automatically with Credit Card and PayPal Import
Bookkeeping on autopilot for millions of busy self-employed business owners. We’re just giddy that we can say that; truly delivering for entrepreneurs a service that automatically records income and expenses, categorizes everything for the IRS, and delivers reports about business … read full post
Outright Puts eBay Seller Bookkeeping on Auto-Pilot
Selling on eBay just got a whole lot easier with the release of our Bookkeeping Selling Manager App that manages sellers’ books and simplifies tax time. The easiest way to track and manage eBay financial records, Outright’s free, online bookkeeping … read full post
How much money is coming in and how much is going out
I can honestly say my junior year in high school changed the course of my life. My mother’s entire family worked in the medical profession in some way and growing up surrounded by doctors, nurses and pharmacists, I had always … read full post